NOT LISTED FOR SALE

288 Union Ave Paterson, NJ 07502

Totowa Section Neighborhood

Estimated Value: $460,000 - $513,000

-- Bed
-- Bath
1,450 Sq Ft
$342/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $240,000 $166 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,142/month

130 Days on Market

About This Home

As of October 2019

This home is located at 288 Union Ave, Paterson, NJ 07502 since 19 May 2019 and is currently estimated at $496,587, approximately $342 per square foot. 288 Union Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

Last Agent to Sell the Property

FAISAL AHMED

REALTY ONE GROUP SUNRISE Brokerage Phone: 973-686-7777 Listed on: 05/19/2019

Last Buyer's Agent

FAISAL AHMED

REALTY ONE GROUP SUNRISE Brokerage Phone: 973-686-7777 Listed on: 05/19/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,644

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,644

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 288
  • I D: 4898962
  • Modified: 2020-10-18
  • Number Images: 1
  • Attribution Contact: 973-686-7777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2019
Closed on
Oct 17, 2019
Sold by
Islam Shelina
Bought by
Choudhury Ayesha
Seller's Agent
FAISAL AHMED
REALTY ONE GROUP SUNRISE
Buyer's Agent
FAISAL AHMED
REALTY ONE GROUP SUNRISE
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$457,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,480
Avg. Annual Appreciation
11.72%
Original Mortgage
$235,653
Outstanding Balance
$211,561
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$245,919

Purchase Details

Listed on
Mar 28, 2017
Closed on
Jan 29, 2018
Sold by
Choudhury Mustafa and Choudhury Ayesha
Bought by
Islam Shelina
Seller's Agent
FAISAL AHMED
REALTY ONE GROUP SUNRISE
Buyer's Agent
FAISAL AHMED
REALTY ONE GROUP SUNRISE
List Price
$389,900
Sold Price
$125,000
Premium/Discount to List
-$264,900
-67.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.77%
Original Mortgage
$93,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2009
Sold by
Choudhury Ayesha
Bought by
Choudhury Mustafa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,302
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2008
Sold by
Tahid Abdul
Bought by
Choudhury Mustafa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,040
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2006
Sold by
Alago Maria
Bought by
Tahid Abdul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
11.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 6, 2005
Sold by
Anderson Johanna
Bought by
Alago Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2000
Sold by
Anderson Johanna
Bought by
Mulder Johanna
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Choudhury Ayesha $240,000 Champion Title Agency Inc
Islam Shelina $125,000 Atlantic Title & Settlement
Choudhury Mustafa -- --
Choudhury Mustafa $320,000 --
Tahid Abdul $250,000 --
Alago Maria $165,000 --
Mulder Johanna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choudhury Ayesha $15,601
Open Choudhury Ayesha $43,007
Open Choudhury Ayesha $235,653
Previous Owner Islam Shelina $210,000
Previous Owner Islam Shelina $93,750
Previous Owner Choudhury Mustafa $101,561
Previous Owner Choudhury Mustafa $308,302
Previous Owner Choudhury Mustafa $293,040
Previous Owner Tahid Abdul $250,000
Previous Owner Alago Maria $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $240,000 -4.0% $166 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
05/19/2019 05/19/19 For Sale $249,900 +99.9% $172 / Sq Ft
02/05/2018 02/05/18 Sold $125,000 -67.9% $86 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $389,900 -- $269 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,644 $155,900 $30,200 $125,700
2022 $7,237 $155,900 $30,200 $125,700
2021 $6,978 $155,900 $30,200 $125,700
2020 $6,509 $155,900 $30,200 $125,700
2019 $6,300 $152,400 $29,600 $122,800
2018 $6,493 $150,100 $29,300 $120,800
2017 $6,198 $149,000 $29,100 $119,900
2016 $6,825 $157,300 $30,600 $126,700
2015 $6,462 $157,300 $30,600 $126,700
2014 $7,673 $264,600 $152,300 $112,300
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    FAISAL AHMED

    REALTY ONE GROUP SUNRISE

See All Agents

Map

Source: Garden State MLS

MLS Number: 3558231

Garden State MLS

APN: 08-01310-0000-00004

New Jersey Passaic County Paterson 07502 Totowa Section

288 Union Ave, Paterson, NJ

This home is located at 288 Union Ave, Paterson, NJ 07502 since 19 May 2019 and is currently estimated at $496,587, approximately $342 per square foot. 288 Union Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson Public School No. 5.

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